Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc. engages in the acquisition, finance, development, lease, ownership, and management of retail properties. Its property portfolio includes income producing, strip centers, neighborhood, grocery-anchored, community, and free-standing retail properties. The company was founded on June 23, 2011 and is headquartered in Virginia Beach, VA.

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Many high-quality equity REITs are trading at substantial discounts on price-to-NAV ratios. REITs with good management teams should be able to gain a premium to NAV, but very few are achieving this currently. The amount of new apartment construction poses a risk, but some REITs are trading at unusually cheap price-to-NAV ratios.

6 Stellar REITs At Big Discounts To NAV

VIRGINIA BEACH, VA / ACCESSWIRE / September 7, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company"), today posted on its website two forms that any holder of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") is required to complete and return to the Company and its transfer and redemption agent if such holder wishes to request that the Company redeem any or all of such holder's shares of Series D Preferred Stock - with redemptions commencing in October 2023. The referenced two forms are: Holder Redemption Notice Stock Ownership Statement These forms are available at https://ir.whlr.us/series-d/series-d-redemption.

Wheeler Posts Series D Redemption Forms on its Website

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VIRGINIA BEACH, VA / ACCESSWIRE / September 5, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company"), today announced the election of Dennis Pollack to the Company's Board of Directors (the "Board"), and his appointment to the Audit Committee of the Board (the "Audit Committee"). Mr. Pollack's election to the Board and appointment to the Audit Committee are effective as of September 5, 2023.

Wheeler Announces Dennis Pollack's Election to the Board of Directors and Appointment to The Audit Committee

VIRGINIA BEACH, VA / ACCESSWIRE / September 1, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company"), today announced that on September 1, 2023 it received a notification letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2). Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and the minimum bid price deficiency matter previously disclosed by the Company on Form 8-K filed with the SEC on June 28, 2023 is now closed.

Wheeler Regains Compliance with Nasdaq Minimum Bid Price Requirement

VIRGINIA BEACH, VA / ACCESSWIRE / August 8, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three and six months ended June 30, 2023 on Form 10-Q. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three and six months ended June 30, 2023.

Wheeler Real Estate Investment Trust, Inc. Announces the Release of its Second Quarter 2023 Financial and Operating Results

VIRGINIA BEACH, VA / ACCESSWIRE / August 7, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company"), today announced that its Board of Directors unanimously approved a one-for-ten reverse stock split (the "Reverse Stock Split") of the Company's issued and outstanding shares of common stock, $0.01 par value per share (the "Common Stock"). The Reverse Stock Split is expected to take effect as of 5:00 p.m.

Wheeler Announces Reverse Stock Split

Wheeler Real Estate Investment Trust Inc. Cum Conv Pfd Shs Series D

Wheeler REIT is facing a potential dilution crisis as the deadline for Series D preferred shares to be converted into cash or common shares approaches on September 21, 2023. The company intends significant additional amounts of common stock be issued, which could cause significant selling pressure across Wheeler share classes. The situation could lead to a massive dilution with little benefit for any stakeholders, obscuring otherwise good operating results at the Wheeler entity level.

Wheeler REIT: Gearing Up For Sharemageddon

VIRGINIA BEACH, VA / ACCESSWIRE / May 9, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three months ended March 31, 2023 on Form 10-Q. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three months ended March 31, 2023.

Wheeler Real Estate Investment Trust, Inc. Announces the Release of its First Quarter 2023 Financial and Operating Results

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Armada Hoffler Series A Preferred Stock: 7.7% Yield And 14% Upside To Par.

Armada Hoffler Series A Preferred Stock: 7.7% Yield And 14% Upside To Par

VIRGINIA BEACH, VA / ACCESSWIRE / March 2, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the year ended December 31, 2022 on Form 10-K. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three and twelve months ended December 31, 2022.

Wheeler Real Estate Investment Trust, Inc. Announces The Release of its Fourth Quarter and Year-End 2022 Financial and Operating Results

VIRGINIA BEACH, VA / ACCESSWIRE / January 23, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced the expiration and final results of its exchange offer (the "Exchange Offer") and related solicitation of consents from the holders of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") to certain amendments to the Company's charter that would modify the terms of the Series D Preferred Stock (the "Proposed Amendments"). Expiration of Exchange Offer The Exchange Offer expired at 11:59 p.m.

Wheeler Announces the Expiration and Final Results of the Exchange Offer and Consent Solicitation

VIRGINIA BEACH, VA / ACCESSWIRE / January 20, 2023 / Cedar Realty Trust, Inc. (the "Company") announced today that its Board of Directors (the "Board") declared the payment of a cash dividend of $0.453125 per share on the Company's 7.25% Series B Cumulative Redeemable Preferred Stock, payable on February 20, 2023 to shareholders of record as of the close of business on February 10, 2023. The Company also announced that the Board declared the payment of a cash dividend of $0.40625 per share on the Company's 6.50% Series C Cumulative Redeemable Preferred Stock, payable on February 20, 2023 to shareholders of record as of the close of business on February 10, 2023.

Cedar Realty Trust Declares Dividends on Preferred Stock

The first tender offer for Wheeler Preferred D shares was unsuccessful, as expected, but now the terms have changed. Given the revised incentives around the tender offer, I believe it is more likely that holdouts will break ranks and tender their shares.

Wheeler D Tender Revision - A Corporate Game Of Chicken

VIRGINIA BEACH, VA / ACCESSWIRE / January 5, 2023 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced further revisions to its previously announced offer to exchange (the "Initial Exchange Offer") any and all outstanding shares of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") for 6.00% Subordinated Notes due 2027 (the "Exchange Notes"), to be newly issued by the Company, and the related solicitation of consents (the "Consent Solicitation") from the holders of Series D Preferred Stock to certain amendments to the Company's charter that will modify the terms of the Series D Preferred Stock. Revisions to the Terms The Company filed with the Securities and Exchange Commission (the "SEC") a Post-Effective Amendment No.

Wheeler Real Estate Investment Trust, Inc. Announces Further Revisions to Its Exchange Offer and Consent Solicitation

VIRGINIA BEACH, VA / ACCESSWIRE / December 23, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") today announced the extension of its previously announced offer to exchange (the "Exchange Offer") any and all outstanding shares of the Company's Series D Cumulative Convertible Preferred Stock (the "Series D Preferred Stock") for 6.00% Subordinated Notes due 2027, to be newly issued by the Company, and the related solicitation of consents (the "Consent Solicitation") from the holders of Series D Preferred Stock to certain amendments to the Company's charter that will modify the terms of the Series D Preferred Stock. The expiration date of the Exchange Offer and Consent Solicitation has been extended from 11:59 p.m.

Wheeler Real Estate Investment Trust, Inc. Announces Extension of Exchange Offer and Consent Solicitation

Wheeler has announced a tender offer for all outstanding preferred D shares. Based on the terms and market reaction, the deal seems unlikely to be accepted without being sweetened.

Wheeler Real Estate Investment Trust - D Tender Update

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The REIT sector has endured declines in 6 of the first 8 months of 2022, including a -5.29% total return in August. Micro cap REITs (+6.9%) outperformed in August, while large caps (-5.17%), small caps (-6.65%) and mid caps (-7.51%) declined.

The State Of REITs: September 2022 Edition

Cedar Realty Trust

VIRGINIA BEACH, VA / ACCESSWIRE / August 22, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("Wheeler" or the "Company") and Cedar Realty Trust, Inc. (NYSE:CDR) ("Cedar") jointly announced today that they have completed the previously announced merger pursuant to the terms of the Agreement and Plan of Merger, as amended, among the Company, WHLR Merger Sub Inc., WHLR OP Merger Sub LLC, Cedar and Cedar Realty Trust Partnership, L.P., the operating partnership of Cedar.

Wheeler Real Estate Investment Trust, Inc. and Cedar Realty Trust, Inc. Announce Completion of Merger

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The State Of REITs: August 2022 Edition

VIRGINIA BEACH, VA / ACCESSWIRE / August 9, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three and six months ended June 30, 2022 on Form 10-Q. In addition, the Company has posted supplemental information to its website regarding WHLR's financial and operating results for the three and six months ended June 30, 2022.

Wheeler Real Estate Investment Trust, Inc. Announces Second Quarter 2022 Financial and Operating Results

Cedar Board of Directors Declares Special Dividend of $19.52 Per Common Share;  Merger Consideration Will Be $9.48 Per Common Share MASSAPEQUA, N.Y. , Aug. 9, 2022 /PRNewswire/ -- Cedar Realty Trust (NYSE: CDR) ("Cedar") today announced that Cedar and Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) ("Wheeler") have jointly determined that the proceeds to Cedar common shareholders from the sale of Cedar's assets and subsequent merger in a series of related all-cash transactions will total $29.00 per share.

CEDAR REALTY TRUST ANNOUNCES FINAL PROCEEDS OF $29.00 PER SHARE TO COMMON SHAREHOLDERS RESULTING FROM SALE OF ASSETS AND MERGER

First Step in Previously Announced Sale of the Company's Assets and Subsequent Merger MASSAPEQUA, N.Y. , July 8, 2022 /PRNewswire/ -- Cedar Realty Trust (NYSE: CDR) (the "Company") today announced that it has completed the previously announced sale of a portfolio of 33 grocery-anchored shopping centers and a redevelopment property to a joint venture between a fund managed by DRA Advisors LLC and KPR Centers for total gross proceeds of approximately $879 million, including assumed debt.

CEDAR REALTY TRUST ANNOUNCES COMPLETION OF SALE OF GROCERY-ANCHORED PORTFOLIO AND REDEVELOPMENT PROPERTY TO DRA ADVISORS AND KPR CENTERS

VIRGINIA BEACH, VA / ACCESSWIRE / May 11, 2022 / Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) ("WHLR" or the "Company") announced today that it has reported its financial and operating results for the three months ended March 31, 2022 on Form 10-Q. In addition, the Company has posted to its website supplemental information regarding WHLR's financial and operating results for the three months ended March 31, 2022.

Wheeler Real Estate Investment Trust, Inc. Announces First Quarter 2022 Financial And Operating Results

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While seemingly beneficial to Cedar common the merger was a bit dirty.

Take A Shower After Reading The Wheeler/Cedar Merger

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News for Wheeler Real Estate Investment Trust Stock (WHLR)